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if steve cross had a follow-up to that, they never aired it. >> that's right, they never follow up with the president. the fundamental flaw in the media's thinking as exhibited, when the president says well, the organizing principle is islam, mr. president, it's not just islam, it's the extremist wing of islam and name me a country other than indonesia and maybe turkey though we don't know exactly where that's going where this fundamentalist islam has been nonviolent, has promoted equality of women or any other things. this is a fool's errand and the editorials in the newspapers miss this because they don't have a religious perspective. >> judy, the death, the assassination of our ambassador, of two former seals, of the state department employee, bumps in the road. where was the criticism over that comment? >> i think what the president was talking about was the broader context of the wave of change, and that in the wave of change, there are going to be bumps on the road. he -- i do not think that he meant to suggest an and most people did not interpret it to mean the death of four amer
if steve cross had a follow-up to that, they never aired it. >> that's right, they never follow up with the president. the fundamental flaw in the media's thinking as exhibited, when the president says well, the organizing principle is islam, mr. president, it's not just islam, it's the extremist wing of islam and name me a country other than indonesia and maybe turkey though we don't know exactly where that's going where this fundamentalist islam has been nonviolent, has promoted...
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papers that a reporter retrieved from the consulate grounds, including an hourly schedule for ambassador steves for the day he died. >> frankly, none of us was surprised to see them at the site. >> fox news learned security aides to president obama and intelligence officials remained divided longer than has been disclosed about how to characterize the benghazi attacking to the public. the team made a secret finding of terrorism by september 1, so it could use a 2001 antiterrorism statute to move around more freely men, and material. yet the debate continued and intensified once soup rice made the sunday show rounds to say it was the result of a spontaneous mob. >> we don't see signs this was a coordinated plan, remeditated attack. >> the next day, fox news learned officials contacted several independent security contractors to review post attack footage of the annex where two ex navy seals were killed. the contractors found that the impact angles and fragmentation patterns of the mortar damage revealed at least two mortar teams using gps devices to score direct hits on their first shots. the in
papers that a reporter retrieved from the consulate grounds, including an hourly schedule for ambassador steves for the day he died. >> frankly, none of us was surprised to see them at the site. >> fox news learned security aides to president obama and intelligence officials remained divided longer than has been disclosed about how to characterize the benghazi attacking to the public. the team made a secret finding of terrorism by september 1, so it could use a 2001 antiterrorism...
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the fundamental flaw as crypted by steve croft. they say it's not just islam it's the extremist wing of islam and name me another country other than indonesia and turkey where the fundamentalist islam has then nonviolent or promoted women or any other things. the newspapers all missed this because they don't have a religious perspective. >> rick: the assassination of our ambassador and two former seals. where was cri, bumps in the road, where was the criticism in that comment? >> i think the wave in change and in the wave the change there is going to be bumps in in the road. i don't think he meant to suggest and most people did not interpret that the death of four american officials is a bump in the road. but there was so much in that 60 minutes interview, his calling netanyahu insistence on red line noise, there could have been so much followed up and wasn't. i'm really surprised. >> rick: when governor romney delivered his initial response after the attack on consulate in benghazi he was ganged up by the media. they coordinated h
the fundamental flaw as crypted by steve croft. they say it's not just islam it's the extremist wing of islam and name me another country other than indonesia and turkey where the fundamentalist islam has then nonviolent or promoted women or any other things. the newspapers all missed this because they don't have a religious perspective. >> rick: the assassination of our ambassador and two former seals. where was cri, bumps in the road, where was the criticism in that comment? >> i...
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let's bring in our panel, steve hays weekly standard. charles lane, washington post and syndicated columnist, charles krauthammer. charles? >> well, the numbers are tricky because when you get a drop in the rate and then you get this anemic job-- anemic increase in the numbers of jobs, they contradict each other. the reason that you can these contradictions, each of them comes from a completely different survey. the anemic rise in new jobs comes from the survey of employers and it's a huge and vast survey. where one out of every three employers is collected. whereas the unemployment rate comes from the survey of households where it's only 6/10 of 1% of 1% of all households are being surveyed. so, you've got a very small sample. it doesn't mean that one is right and the other is wrong, but it could mean that the second one where you have this very small one you could have huge fluctuation. we don't know which is right except for one things, austan goolsbee who was the president's economist says the only one you can rely on is gdp in the e
let's bring in our panel, steve hays weekly standard. charles lane, washington post and syndicated columnist, charles krauthammer. charles? >> well, the numbers are tricky because when you get a drop in the rate and then you get this anemic job-- anemic increase in the numbers of jobs, they contradict each other. the reason that you can these contradictions, each of them comes from a completely different survey. the anemic rise in new jobs comes from the survey of employers and it's a...
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and steve harington live from miami. why is that important. >> it's important to the u.s., what happens in venezuela. the country with the world's largest oil reserve. the u.s. gets 10% of its oil from venezuela. and also because hugo chavez had the sharpest criticism and forged close ties for iran. almost anyone other than hugo chavez in office would be a real net gain. >> harris: well, steve, what potentially could happen here, could chavez actually lose? >> this is really the first time in almost 14 years in power when there are analysts experts who think hugo chavez will be tested and he could actually lose this time around. keep in mind all that hugo chavez has been fighting against in the law few years in office. he's had cancer for the past year, two operations, they haven't been specific about what kind of cancer. inflation is out of control. venezuela has the highest murder rate in the world. so even among chavez's firm supporters, venezuela's poor, they are starting to think that it's time for a change to look
and steve harington live from miami. why is that important. >> it's important to the u.s., what happens in venezuela. the country with the world's largest oil reserve. the u.s. gets 10% of its oil from venezuela. and also because hugo chavez had the sharpest criticism and forged close ties for iran. almost anyone other than hugo chavez in office would be a real net gain. >> harris: well, steve, what potentially could happen here, could chavez actually lose? >> this is really...
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we are checking in with steve doocy to see what's coming up on fox and friends. >> fox and friends commences 12 minutes from right now. i will be ready to talk by then. we will be talking about the big debate tonight asking denver the rumble in the rockies as the candidates prepare. joe biden yesterday did you hear him talk about how over the last four years the middle class has been buried? barney weighs in on that. also tucker carlson brought to life a video that shows then senator barack obama like you have never seen these days. we will talk a little bit more about that. frankie valli joins us on couch. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >> 8 minutes before the hour. final preparations are underway for the first presidential debate tonight. peter doocy joins us live from washington with more. hi there, peter. >> as you know mitt romney and president obama do a lot of talking about each other
we are checking in with steve doocy to see what's coming up on fox and friends. >> fox and friends commences 12 minutes from right now. i will be ready to talk by then. we will be talking about the big debate tonight asking denver the rumble in the rockies as the candidates prepare. joe biden yesterday did you hear him talk about how over the last four years the middle class has been buried? barney weighs in on that. also tucker carlson brought to life a video that shows then senator...
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>> you're a good man, steve. i wish you weren't doing this. >> for $9 billion policy do you know what we're capable of? do you? >> greg: shut up. at least it wasn't produced in association with country that might not want america to boost the oil protux. oops. heritage reports that it's owned by company owned in united arab emirates. they helped finance the film. matt damon loves blowing whistles with the hoke i can films but in real life he is the bad guy. damon is doing harm for his anti-fracking propaganda makes us more depen dep on the oil-rich, unstable haters. why does he bother? when you're intellectually insecure and rich beyond logic what else can you do? root against the interest and undermine employment and play in hands of people who don't like us. anything to feel special and separate yourself from the herd. who plays matt damon in movie about matt damon? i forgot. that won't be made. >> isn't it matt damon poorman's kirk cameron? >> dana: you have to wonder at some point if they realize what they're
>> you're a good man, steve. i wish you weren't doing this. >> for $9 billion policy do you know what we're capable of? do you? >> greg: shut up. at least it wasn't produced in association with country that might not want america to boost the oil protux. oops. heritage reports that it's owned by company owned in united arab emirates. they helped finance the film. matt damon loves blowing whistles with the hoke i can films but in real life he is the bad guy. damon is doing harm...
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and steve centanni, what's the latest in washington. >> the fbi has yet to enter benghazi because of the dangerous security climate there. senator corker who sits on the foreign relations committee wants to know why, and he fired off a letter to intel chief james clapper, calling the situation bizarre and demanding answers and says in part, 18 days ago, the administration judged it was appropriate for our consulate to be lightly guarded. and what has changed in libya in such a short time. is that even fbi agents and our personnel entered the city. and the u.n. ambassador susan rice who has said a few days after the attack, that it appeared to be a spontaneous uprising and the long video. >> and we have reports now that intelligence people knew within 24 hours that this was a terrorist attack and yet, they sent her out, to say things that were absolutely false and continued to do so. and then, as mccain says the violence in lib rah clicks, with the story and al-qaeda diminished. >> for its part. the administration claims the situation in benghazi was so complex, they didn't know for s
and steve centanni, what's the latest in washington. >> the fbi has yet to enter benghazi because of the dangerous security climate there. senator corker who sits on the foreign relations committee wants to know why, and he fired off a letter to intel chief james clapper, calling the situation bizarre and demanding answers and says in part, 18 days ago, the administration judged it was appropriate for our consulate to be lightly guarded. and what has changed in libya in such a short time....
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." >> steve: what time is that? >> eric: five. >> how many people are on it? >> eric: five. >> gretchen: have a great day. see you tomorrow bill: start of a whole new week. there is fallout over the attack in libya. there are increasing calls for a hearing and our u.n. ambassador susan rice to resign. the obama team dill giving conflicting accounts of the white house response. martha: i'm martha maccallum. the romney campaign is joining this growing chorus of lawmakers. senator john mccain saying the administration's response was inept and ignorant and susan rice blaming it on a spontaneous protest was inexcusable. >> it's either willful ignorance or abysmal ignorance to think people come to spontaneous demonstrations with mortars and heavy weapons pant attack goes on for hours. bill: both sides are complaining. governor romney's team says the white house is still getting its story mixed up. >> reporter: democrats say republicans are politicizing the tragic attack that cost of life of four americans. the republicans say the white house is cover ugging up the d
." >> steve: what time is that? >> eric: five. >> how many people are on it? >> eric: five. >> gretchen: have a great day. see you tomorrow bill: start of a whole new week. there is fallout over the attack in libya. there are increasing calls for a hearing and our u.n. ambassador susan rice to resign. the obama team dill giving conflicting accounts of the white house response. martha: i'm martha maccallum. the romney campaign is joining this growing chorus of...
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steve harrigan live from miami marlins park. steve hit by his very first pitch. vertigo, double vision. did adam greenberg ever give up on the sport that he grew up on and loved? >> adam greenberg says since his boyhood, he had always dreamed of playing as a major league baseball player and says despite seven years of waiting and the hard injuries, he said he never gave up on that dream and the more you hear this young man talk, you realize he is someone with a remarkable attitude. >> i was at a low point a few times. but always realizing that there is light at the end and no matter what, you have two choices, you can stay down and just feel sorry for yourself or get up and keep going. >> greenberg behind signed a one-day contract for this game with the miami marlins. but he says at 31, he's still hoping to sign on full time with a team for next season, bill. >> bill: he's gotten some help with his comeback. what's happened there? >> a huge on-line drive by a film maker who says he's been inspired by greenberg hopes to get him another at bat. he said the inspirat
steve harrigan live from miami marlins park. steve hit by his very first pitch. vertigo, double vision. did adam greenberg ever give up on the sport that he grew up on and loved? >> adam greenberg says since his boyhood, he had always dreamed of playing as a major league baseball player and says despite seven years of waiting and the hard injuries, he said he never gave up on that dream and the more you hear this young man talk, you realize he is someone with a remarkable attitude....
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. >> steve murphy worked with dukasis. >> they will not let you ride in the tank without wearing a helmet. >> john: it turned into this commercial. >> do ads like that really work. consultants think they do. they still rave about this ad. it ran only once, they say it changed all campaigns. it was the first negative ad to use fear and raw emotion. >> ten, nine, eight, seven, six, five, four, three, two, one --. >> these are the stakes we must either love each other or we must die. >> vote or die, pretty relevant. >> john: but pretty unfair. >> he worked on the bush campaign that ran this ad consoling 9/11 victims. >> i took ashley in my arms and embraced her. it was that moment we saw her eyes fill up with tears. >> you are playing this music and we are supposed to vote for this guy because she tears up. >> that is exactly what they did. the ad aired in ohio and it was pivotal. >> john: this ad also was aired. >> more men and women will go to work than ever before in our history. >> i see this ad coming on television. it's this farmer and beautiful pasture. they put their hands over the h
. >> steve murphy worked with dukasis. >> they will not let you ride in the tank without wearing a helmet. >> john: it turned into this commercial. >> do ads like that really work. consultants think they do. they still rave about this ad. it ran only once, they say it changed all campaigns. it was the first negative ad to use fear and raw emotion. >> ten, nine, eight, seven, six, five, four, three, two, one --. >> these are the stakes we must either love each...
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. >> steve: go to the after the show show. see you tomorrow. bill require want to start with a fox news alert. the obama team now reacting to a controversial video from 2007 that is just resurfaced. that's where we start. good morning. i'm bill hemmer. welcome to america's newsroom. >> i'm jamie colby and i'm in for martha. we saw that video repleased full by "the daily caller." the comment are being characterized by critics as racially charged. bill: here is the video when candidate obama talks about the stafford act. >> when 9/11 happened in new york city, they waived the stafford act, said this is too serious a problem. we can't expect new york city to rebuild on its own. forget that dollar you have got to put in. here is $10. that was the right thing to do. when hurricane andrew struck in florida, people said look at this devastation, we don't expect you to come up with your own money here. here the money to rebuild. we are not going to wait for to you scratch it together because you are part of the american family. what as happening down i
. >> steve: go to the after the show show. see you tomorrow. bill require want to start with a fox news alert. the obama team now reacting to a controversial video from 2007 that is just resurfaced. that's where we start. good morning. i'm bill hemmer. welcome to america's newsroom. >> i'm jamie colby and i'm in for martha. we saw that video repleased full by "the daily caller." the comment are being characterized by critics as racially charged. bill: here is the video...
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jenna: interesting story we'll continue to watch, steve. thank you. >> thank you. gregg: disappearance of two young children baffling investigators after their house burned to the ground leaving no trace of the brother and sister. the boy's father is now speaking out. >>> and, president obama underfire for his administration's changing explanations about what happened in libya. the killing of four americans including the u.s. ambassador. a case of bad communications, or, a bad cover-up? jenna: right now we're take you to tennessee where police are searching for two missing children. you're seeing them on your screen. they haven't been seen before their home burned down last week. patti ann browne live from our is that correct? newsroom with more. >> they lived with their grandmother. the remains of the grandparents were found after the braise. firefighters spent a week looking for evidence of 9-year-old chloe and 7-year-old gauge. they have not found any proof that the kids were there when the fire happened at 9:30 p.m. they were seen three hours before the fire st
jenna: interesting story we'll continue to watch, steve. thank you. >> thank you. gregg: disappearance of two young children baffling investigators after their house burned to the ground leaving no trace of the brother and sister. the boy's father is now speaking out. >>> and, president obama underfire for his administration's changing explanations about what happened in libya. the killing of four americans including the u.s. ambassador. a case of bad communications, or, a bad...
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>> steve: he had an awful debate. now what they're doing, the democrats, they've decided we've got a new strategy. rather than painting mitt romney as an extremist, we're going to call him a liar. here is the head of the dnc communications department. listen. >> there has been plenty of people pointed out what a liar mitt romney is and was last night. i mean, testifies talking -- if he was speaking last night, he was lying. look, mitt romney had a good night. but, you know, even a blind squirrel gets a nut every now and then. >> steve: so that's the best they can do? >> it's not very good. you know, when he came out, when the president came out and he came out with that classic strut that he uses sometimes and my wife busted. she said, i don't like when you do it and i don't like when he does it. that kind of dashing walk. >> brian: why? >> because it's like i'm macho and i'm posturing, absolutely fake. i thought the telling moment happened almost immediately because it was his 20th anniversary with michelle. he has b
>> steve: he had an awful debate. now what they're doing, the democrats, they've decided we've got a new strategy. rather than painting mitt romney as an extremist, we're going to call him a liar. here is the head of the dnc communications department. listen. >> there has been plenty of people pointed out what a liar mitt romney is and was last night. i mean, testifies talking -- if he was speaking last night, he was lying. look, mitt romney had a good night. but, you know, even a...
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>> steve: probably not. meanwhile, have you ever wondered why songs get stuck in your head, like this one. ♪ going to give you up ♪ never gonna let you down ♪ never gonna run around ♪ . >> steve: can you hear what's in my head now? >> brian: no, just you. >> steve: the song stuck in your head means you're a little nutty? we're calling in a doctor to find out. >> martha: we're all nuts if it does. >> steve: "fox & friends" hour two for wednesday starts now. >> steve: yeah, that was not probably the song that would stick in my head. >> brian: you played along well. we don't know what's stick as soon as there. >> steve: with martha it's probably by one of the carpenters. >> martha: the one where we're never going to ever, ever get back together. >> brian: i hope this is a breakout hit because she's been struggling, taylor swift. can she -- everything she does becomes number one. america is drunk with taylor swift. >> steve: isn't she dating that 18-year-old kennedy kid now? >> brian: right. >> martha: s
>> steve: probably not. meanwhile, have you ever wondered why songs get stuck in your head, like this one. ♪ going to give you up ♪ never gonna let you down ♪ never gonna run around ♪ . >> steve: can you hear what's in my head now? >> brian: no, just you. >> steve: the song stuck in your head means you're a little nutty? we're calling in a doctor to find out. >> martha: we're all nuts if it does. >> steve: "fox & friends" hour two for...
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steve, gretchen? >> steve: thanks. radical muslim jihaddists training right under our noses on american soil? according to a new book, dozens of terrorist training compounds have been scattered across the united states for more than three decades. >> gretchen: joining us now is the author of "twilight in america" and founder of president of the christian action network. how did you become interested in trying to see how many of these camps exist under our noses? >> we had been riding -- writing issues with radical islam and a f.b.i. act said do you understand you have a terrorist compound of islamic muslim training about 30 miles from your office, so you better be careful with what you're doing. that's how we became interested. >> steve: i understand a guy who was recruited out of prison to -- and wound up living with the people at the terror training camps who was working with the nypd, came up to you and he goes, look, i got to tell you the story because if people knew what was going on here, they'd be horrified. >>
steve, gretchen? >> steve: thanks. radical muslim jihaddists training right under our noses on american soil? according to a new book, dozens of terrorist training compounds have been scattered across the united states for more than three decades. >> gretchen: joining us now is the author of "twilight in america" and founder of president of the christian action network. how did you become interested in trying to see how many of these camps exist under our noses? >>...
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steve noviello live in dallas, thanks, steve. tony, over to you. >>> i like the car, too. that's cool. still ahead at 8:00, the last game of the season is also a waiting game. dave ross will join us live with a looking at the nats' playoff picture. >> first, idol drama. two of the new judges are already at each others' throats. the smackdown is all caught on tape. i hope we see it. 8:38. we'll be right back. krystal conwell : we see a lot of problems with the... number of students that we have. resources. materials. things that the children need... on a day-to-day basis. anncr: question seven will help. the department of legislative services says question seven... will mean hundreds of millions of dollars... for schools...from gaming revenues that would have... gone to other states. and independent audits will guarantee the money... goes where it's supposed to. krystal conwell: i think people should vote for question... seven because i think it will be a great benefit to children. >>> all right. who didn't know this would happen? things are heating up on "american idol," b
steve noviello live in dallas, thanks, steve. tony, over to you. >>> i like the car, too. that's cool. still ahead at 8:00, the last game of the season is also a waiting game. dave ross will join us live with a looking at the nats' playoff picture. >> first, idol drama. two of the new judges are already at each others' throats. the smackdown is all caught on tape. i hope we see it. 8:38. we'll be right back. krystal conwell : we see a lot of problems with the... number of...
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. >> steve: fantastic. thank you very much for joining us on columbus day indeed. make is a great day. we know a lot of you are off today. continue to watch our friends in manage america's newsroom" on the fox news channel. >> pete: enjoy. >> steve: so long. hope had a great weekend everybody, because here we go again. the race is tightening for the white house and the next big showdown only days away. new poll numbers show governor romney with a post-debate bump. paul ryan getting ready for the faceoff against joe biden in the next big debate. i'm bill hemmer here. martha has the day off. >> i'm patti ann browne in for mart maing that -- martha maccallum. a veteran political strategist says joe biden will be going for the throat. >> they will be pouring cola down his throat. they will react. because they will have a couple days of bad polling. ryan has very impressive but hasn't done this before. biden who is high-wire act in attack mode which is not always his normal place. bill: joe cola. fox news contributor, good morning to you. >> good morning, bill. bill: yo
. >> steve: fantastic. thank you very much for joining us on columbus day indeed. make is a great day. we know a lot of you are off today. continue to watch our friends in manage america's newsroom" on the fox news channel. >> pete: enjoy. >> steve: so long. hope had a great weekend everybody, because here we go again. the race is tightening for the white house and the next big showdown only days away. new poll numbers show governor romney with a post-debate bump. paul...
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steve, where do you come out in this? he said what congressman said that the evidence of fraud is very, very small. yet, almost everything else we do in society today requires an id. one of the things i don't understand, you find accusation of voter fraud in democratic primaries in newark, new jersey corey booker's people accused frazier's people of fraud. >> did anyone go to court on th this. >> i know we are talking about new jersey, but please. >> the entire political machine in essex county supported james. who was re-elected in. >> i admire bill, but there is nothing in the constitution that says we have a right to have illegal elections. >> i'm not advocating in any way someone who has the right to vote voting one, two, three times. >> in mississippi, come on it is wrong. >> and this is the effort that. >> if you had a voter id requirement it would be hard to keep voting the dead multiple times. >> come on larry, nobody is advocating that. >> i think the elect tore is hop e honest. i went through a situation where m
steve, where do you come out in this? he said what congressman said that the evidence of fraud is very, very small. yet, almost everything else we do in society today requires an id. one of the things i don't understand, you find accusation of voter fraud in democratic primaries in newark, new jersey corey booker's people accused frazier's people of fraud. >> did anyone go to court on th this. >> i know we are talking about new jersey, but please. >> the entire political...
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so bob kerrey is turning to his own endorsement, steve martin. >> hi, i'm steve martin. you probably know me as the actor and comedian. but did you know i'm also a home crafts expert? today i'm going to show you how to make a wad of paper. a wad of paper can be a lot of fun just to play with around the house or maybe toss expertly into a trash can. but who wants to go down to a fancy office building and root around in their dumpster to find a good one. so i'm going to show you how to make one at home with things you have lying around the house. you're going to need a blank piece of paper, some paper clips, a few grabs, a stapler, a stick of gum, some scissors, and a hammer. so let's get started. take your blank piece of paper and make a fold. take one of your paper clips and just clip it like so. like this. make another fold and take a grab, make a puncture, bend the brads back like this. take another fold, take your stapler, give it a punch or two like this, maybe one more fold, use your stapler. a good stapler is always handy. then you're going to take your stick of gu
so bob kerrey is turning to his own endorsement, steve martin. >> hi, i'm steve martin. you probably know me as the actor and comedian. but did you know i'm also a home crafts expert? today i'm going to show you how to make a wad of paper. a wad of paper can be a lot of fun just to play with around the house or maybe toss expertly into a trash can. but who wants to go down to a fancy office building and root around in their dumpster to find a good one. so i'm going to show you how to make...
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Oct 1, 2012
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we're getting your fourth quarter play back from pete and steve here with me and stephanie link and steve grasso and i will start with you. given what happened last week in the market, did you guys come in today a little skeptical about this move in the market and then we got the ism report and that changed your way of thinking? >> i think you always come in skeptical because you wonder how much is window dressing and how much is the market itself creating and when you look at it, i think there are great opportunities going toward the fourth quarter. i am looking at certain areas i want to remine offensive and remain opportunistic and i am looking at certain names i know you like as well and i still think apple is under valued and goes higher. that's one of the names i would point out. if our on the defensive side i am looking at the big pharma names where you are looking at the valuation and the yield as well as the big money center banks and i would also stick with something like a kkr, black stone, and a lot of students depending how aggressive or offensive or defensive you want to be.
we're getting your fourth quarter play back from pete and steve here with me and stephanie link and steve grasso and i will start with you. given what happened last week in the market, did you guys come in today a little skeptical about this move in the market and then we got the ism report and that changed your way of thinking? >> i think you always come in skeptical because you wonder how much is window dressing and how much is the market itself creating and when you look at it, i think...
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Oct 4, 2012
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. >>> but first, those fed minutes right now with steve leisman. steve? >> brian, thanks very much. these are the minutes from the monumental meeting where the federal reserve decided on open-ended quantitative easing. the minutes show all members but one, the dissenter jeffrey lacker, agreed on quantitative easing. deciding without additional qe, the labor market would not improve given the underlying economic fundamentals. among the reasons for the decision, they looked at the europe crisis saying it polesed economic downside risk. members were concerned with the upcoming u.s. fiscal cliff and a number of participants highlighted the uncertainty of qe. i talk about members in the first part. those are voters. now participants are the fuller board. as we'll see in a little bit, this fuller board includes hawks but they're not in the voting rotation right now. some of those object as they say qe probably works best under financial market stress, not under the current conditions. it won't help an economy plagued by uncertainty. it could complicate the tightening of policy when it is
. >>> but first, those fed minutes right now with steve leisman. steve? >> brian, thanks very much. these are the minutes from the monumental meeting where the federal reserve decided on open-ended quantitative easing. the minutes show all members but one, the dissenter jeffrey lacker, agreed on quantitative easing. deciding without additional qe, the labor market would not improve given the underlying economic fundamentals. among the reasons for the decision, they looked at the...
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Oct 5, 2012
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here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to think long and hard about. take a look at how we got here. first a little bit of the math. the unemployment rate is calculated by essentially taking the number of unemployment and simply dividing it by the labor force. plug in the numbers. 7.8% unemployment rate gives us -- calculates from 12.1 million unemployed divided by the 155.1 million labor force. you can do that at home, if you like. and now here's what happened this month. okay? the number of unemployed dropped by nearly half a million. down by 456,000. the number of employed in this household survey up by 873,000. but wait, because the one thing we're watching here is the number of people who were employed but were part-time but they wanted full time work. we call it for economic reasons. up by 582,000. that's the third september
here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to think long and hard about. take a look at how we got here. first a little bit of the math. the unemployment rate is calculated by essentially taking the number of unemployment and simply dividing it by the labor...
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Oct 4, 2012
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the late crocodile hunter, steve irwin clutching his baby boy as he went face-to-face with predators? that baby is 8 years old. he fed a crock hymn for the first time at the family zoo in australia. >>> this mornings dish of scrambled politics. the debate is the most tweeted event in police cal history. it sparked more than 2 million tweets. big bird from "sesame street" caused the peak of the tweets at 17,000 per minute. when romney said he loved the character but wanted to eliminate funding for the show and all public broadcasting. celebs were lighting up the stooer. bill maher said, i can't believe i'm saying this, but obama looks like he needs a teleprompter. eva longoria said i'm in new zealand watching the debate. obama is killing it on health care. both need to speak slower. a nonpolitical bush weighed in. nfl running back reggie bush said romney was aggressive at times and won the debate but i think obama will be reelected as president. >>> jetblue is offering american who is might be upset about their candidates defeat a chance to follow through on threats to leave the countr
the late crocodile hunter, steve irwin clutching his baby boy as he went face-to-face with predators? that baby is 8 years old. he fed a crock hymn for the first time at the family zoo in australia. >>> this mornings dish of scrambled politics. the debate is the most tweeted event in police cal history. it sparked more than 2 million tweets. big bird from "sesame street" caused the peak of the tweets at 17,000 per minute. when romney said he loved the character but wanted to...
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Oct 3, 2012
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let me get your take, steve. on the jobs report on friday, what should we expect? >> i think it's going to come in lighter than the adp. the adp has been a poor indicator of the jobs number. i think there's a reason the fed gave us qe-3, because they saw the softness in the labor market. i think it could come in a little on the weak side. more importantly, the official jobs number is the revisions backwards. they've been going back through previous months and knocking down those numbers. i think i wouldn't be surprised if it came in a little soft. >> kate, do you agree with that? if so, is this priced into the market? >> yes, absolutely priced in, maria. great question. what they're going to expect is for it to be terrible. if it isn't terrible, we'll see a rally. what matters most to this market is earnings. we're in pre-earnings disappointment season where we're going to float a little bit until earnings come out. we've seen a friend where earnings have beat expectations. we've gone down to earnings, earnings beat expectations, then we've had a good rally. i thin
let me get your take, steve. on the jobs report on friday, what should we expect? >> i think it's going to come in lighter than the adp. the adp has been a poor indicator of the jobs number. i think there's a reason the fed gave us qe-3, because they saw the softness in the labor market. i think it could come in a little on the weak side. more importantly, the official jobs number is the revisions backwards. they've been going back through previous months and knocking down those numbers....
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steve, good to see you, thanks for being here. >> good to be here, david. david: the republican message, what's he got to make clear about the limit of the role of the government in our lives? >> well, i think if you talk to most business people, they say there's three legitimate roles for government in business. the first is regulation. from a regulatory stand point, the role of the government is to level the playing field, establish the boundaries, make sure that consumers are not getting hurt, but then get out of the way and let businesses compete, not continue to change the rules of the game once you're into the game, not continue to issue regulation after regulation. that is the regulation. second is taxation. america's taxed as the highest rate in the world. there's loopholes, and peek talk about it. the extraordinary rates drive investments overseas and diminish job creation here in the u.s.. we have over $2 trillion in cash sitting on balance sheets of u.s. corporations. taxation is an important area the government needs to lower and level the playi
steve, good to see you, thanks for being here. >> good to be here, david. david: the republican message, what's he got to make clear about the limit of the role of the government in our lives? >> well, i think if you talk to most business people, they say there's three legitimate roles for government in business. the first is regulation. from a regulatory stand point, the role of the government is to level the playing field, establish the boundaries, make sure that consumers are not...
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today, she is steve liesman's special guest. steve? >> tyler, thanks very much. she has been called america's top financial diplomat and is a special guest at a fortune magazine most powerful women conference in california. lael brainard joins us now. welcome to "power lunch," lael. >> it's a pleasure to be here. >> let's talk what tyler was talking about, this issue of spain and the question of whether or not it's going to ask for aid and trigger that ecb program. is it your opinion, the opinion of the u.s., that the europeans are following through on their latest set of commitments when it comes to solving their financial crisis? >> well, you're right, they've made a series of very important commitments over the course of the summer and into the fall. they are much better prepared. they have a set of tools that can help governments like spain continue to access the markets at affordable rates while they continue making these very challenging reforms. we have seen a number of developments in spain in recent days. we have seen a budget come out that continues to
today, she is steve liesman's special guest. steve? >> tyler, thanks very much. she has been called america's top financial diplomat and is a special guest at a fortune magazine most powerful women conference in california. lael brainard joins us now. welcome to "power lunch," lael. >> it's a pleasure to be here. >> let's talk what tyler was talking about, this issue of spain and the question of whether or not it's going to ask for aid and trigger that ecb program....
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to steve's point i would address this. i drove a cadillac -- when i brought my fwal to the prom as not in a pinto it was an el dorado. this 114,000 job number has to stick out to you. we're looking for 140 to 150,000. 114 is not a great number. >> most guys think that number will be revised. i'm not concerned about the 114, but i'm also not buying the 7.8. that's telling me we're making jobs at 200, 250. i have no problem believing the average in the past six weeks, 145 is where we are right now. >> guys? >> let's say 8%. call it 8% the rate. to pete's point the market wants to continue to go higher. obviously it sold off a little bit in the looft few minutes. understood. i still adhere to my comments the market doesn't give me this the long sell the highs which do i believe we have to push towards 1500, 1525 in the s&p and names we've hammered home. home depot at 12 1/2 year high. there are secular stories that continue to work and i believe they will continue network. >> what are you doing with this? >> well, listen, you
to steve's point i would address this. i drove a cadillac -- when i brought my fwal to the prom as not in a pinto it was an el dorado. this 114,000 job number has to stick out to you. we're looking for 140 to 150,000. 114 is not a great number. >> most guys think that number will be revised. i'm not concerned about the 114, but i'm also not buying the 7.8. that's telling me we're making jobs at 200, 250. i have no problem believing the average in the past six weeks, 145 is where we are...
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. >> steve, we've got time. >> you know, yeah, joe biden is going to step back and go take your time. go ahead, you know, we can listen. >> yeah, there is this famous s and l sketch from the 1988 election. and he said you got 1:30 and talk about what you do for the homeless problem. he says i don't have enough time there is so much to get to. you know what, we have stopped the clock for you. and he stairs. you wonder, the thing was, in the debate last night. obama had multiple opportunities to press romney and be specific on the math and present the math to people to make them understand. he missed the opening and i think crystal is right. when you look at how joe biden has conducted himself in the past. one of the big reasons he is on the ticket in the first place is how well he performed in the last debates. he made a strong impress on democrats and the obama campaign. if you go way back in history for joe biden that campaign ended. but in the early going in the spring and summer that year, he had a reputation for being a powerful performer for performing well that summer. but you k
. >> steve, we've got time. >> you know, yeah, joe biden is going to step back and go take your time. go ahead, you know, we can listen. >> yeah, there is this famous s and l sketch from the 1988 election. and he said you got 1:30 and talk about what you do for the homeless problem. he says i don't have enough time there is so much to get to. you know what, we have stopped the clock for you. and he stairs. you wonder, the thing was, in the debate last night. obama had multiple...
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Oct 5, 2012
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zuckerberg is friendly with apple's ceo tim cook and was inspired by apple's late founder, steve jobs. >> what was the thing that you observed about steve jobs that makes a difference in your life as a corporate executive every day? >> i mean, he was just so focused right? for him the user experience was the main thing that mattered the only thing that mattered. and i think that there is a lot that every company can learn from that. >> last weekend, apple sold about 5 million of their new iphone 5s. did you buy one? >> tim sent one to me. >> you got a freebie? you didn't have to pay anything? are you an iphone 5 user? >> i think i handed my phone before this interview. but i use all of them. right? so i'm -- >> are you just not playing favorites here? >> if you think about it, iphone is a great platform. there are more people who use facebook on android. it's a diverse ecosystem and we build for all of the things. >> the place where facebook does its building is the former sun microsystems complex near san francisco bay. from high above you can see the word hack imprinted on the walk
zuckerberg is friendly with apple's ceo tim cook and was inspired by apple's late founder, steve jobs. >> what was the thing that you observed about steve jobs that makes a difference in your life as a corporate executive every day? >> i mean, he was just so focused right? for him the user experience was the main thing that mattered the only thing that mattered. and i think that there is a lot that every company can learn from that. >> last weekend, apple sold about 5 million...
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steve, does he have a point? >> no. what's the old saying? that dog won't hunt. i don't think you can criticize barack obama on his foreign policy achievements. it's a tough world out there. it's complicated. things don't always happen the way we want them to, but they have done a terrific job of handling very difficult situations. they killed osama bin laden. i think they have a record to stand on that the president can proudly go to the debates and argue with mitt romney about what he's going to do about some very difficult situations overseas. >> gentlemen, good to see you. thank you. >>> there is new violence that we told you about in afghanistan. a suicide bomber killed 14 people including three american soldiers in the volatile eastern khost province. nbc's richard engel joins me from kabul with the latest. i understand the taliban is claiming responsibility for the attack? >> the taliban says it was responsible for this. a suicide bomber walked up to an american patrol. it was americans who were walking joint patrol with afghan police as actually this amer
steve, does he have a point? >> no. what's the old saying? that dog won't hunt. i don't think you can criticize barack obama on his foreign policy achievements. it's a tough world out there. it's complicated. things don't always happen the way we want them to, but they have done a terrific job of handling very difficult situations. they killed osama bin laden. i think they have a record to stand on that the president can proudly go to the debates and argue with mitt romney about what he's...